Daily Management Review
Business & Finance

Promising Internet Marketing Platform Solomoto Was Estimated at $ 32-40 Million

A platform for promotion of small and medium-sized businesses in the Internet Solomoto sold its 25% stake in to a number of investment funds for $ 10.8 million. The company plans to spend the money on international expansion. Founded by Pavel Romanovsky, co-owner of Socialist Media, the online...

Unveiling of New Fracking Rules –In Controversies

Obama administration has set new standards of regulation for hydraulic fracturing oil & gas sector. Obama’s new set of rules for fracking operations on federal as well as Indian lands caught up in the middle of controversies. Hydraulic fracturing is a method of forcing water, sand and also...

Green bonds can rid the world of its dependency on polluting industries

The market for renewable energy projects have a financing method in the form of green bonds. With the green bonds market coming of age, its growing usage, as a method of financing renewable energy projects, has now gone mainstream. Barely on the horizon three years ago, Green Bonds was just...

Water and Sustainable Development - The Jetblue Story

Careful analyses has led JetBlue to better manage its water requirements and thus increase its conservational efforts as well as its profitability. By monetizing the value of clean beaches and by its various global partnership JetBlue has ensured a sustainable growth for the tourism industry. In...

China’s Railway Market on Boom

China planned to invest $128 billion in railway construction to push its overseas market share. In an attempt to upsurge railway company’s market share in the global market, China is planning to invest more than 800 billion Yuan ($128 billion) in domestic railway construction for the year 2015....

Holcim and Lafarge Merger Deal of €41billion – Back on Path

Holcim raised objections over the original plan of merger and renegotiated its terms. The European Cement sector is to witness one of the biggest merger deal worth €41billion between its leading companies of cement, Holcim and Lafarge by settling the differences over financial as well as leadership...

BNY Mellon to pay $714 million to settle Forex trade suit

The Bank of New York Mellon has agreed to pay $714 million to resolve federal and state allegations that it defrauded pension funds and other clients. The company, while agreeing to the compensation, admitted that it misled clients by telling them that they would provide the best rates available...

Dollar Tumbled on Federal Reserve Announcement

An unexpected forecast for growth as well as interest rates sent dollar on a tumble. Despite downgraded economic outlook, the Federal Reserve’s indication about keeping the benchmark rate lower, has pulled down dollar by 3% against euro. Hence the currency recorded its largest one day drop in 6...

Crashing Oil Prices to Hit US Inventories in 2015 End – OPEC

The cartel members are left with no choices but to maintain its oil production levels to retain its global market share. The oil prices declined by about 60% since June 2014 and rolled down again on 19 March 2015 after a highly volatile week. The slide was led by more than expected US crude...

Target to pay $10 million for data breach victims

US-based department store chain Target has agreed to pay $10 million in a settlement addressing a class-action lawsuit filed on the company related to a data breach in 2013.   The company’s proposal now stands with the Federal Court for approval and if it goes through, individual victims of...
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